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Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’

Tech TechCrunch By Sean O'Kane 22 Jun 2026 13:42 1 min read
Lucid Motors’ new CEO cuts 18% of staff to ‘simplify the company’

The company is also eliminating a production shift at its Arizona factory to align "production plans with anticipated demand."

The company is also eliminating a production shift at its Arizona factory to align "production plans with anticipated demand."

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